Consumers need to watch out for unhealthy rises in health insurance premiums
Funds slugging some customers with 16% increases
Read More Consumers need to watch out for unhealthy rises in health insurance premiums
Insurance
Advocates welcome Allianz’s $400,016 refund but warn consumer credit insurance is an ongoing problem
Data confirms CCI payout is only 23 cents in the dollar
Read More Advocates welcome Allianz’s $400,016 refund but warn consumer credit insurance is an ongoing problem
ASIC report finds mechanisms behind no claim bonuses at odds with consumer expectations
Regulator also warns against ‘ratings protection’ add-ons
Read More ASIC report finds mechanisms behind no claim bonuses at odds with consumer expectations
Life insurance industry lacks imagination in failing to look beyond commission sales
Current model gives no incentive for advice in best interests of consumers
Read More Life insurance industry lacks imagination in failing to look beyond commission sales
Higher standards needed for life insurance industry
ASIC review of 200 advice files finds more than a third not compliant in prioritising consumer needs
Read More Higher standards needed for life insurance industry
Compare The Market pays penalty for alleged misleading health insurance advertising
Consumer watchdog warns that comparison health insurance websites only compare a fraction of private health insures
Read More Compare The Market pays penalty for alleged misleading health insurance advertising
Murray Inquiry: focus on fairness welcome for consumers
CALC supports the focus of policy objectives
Read More Murray Inquiry: focus on fairness welcome for consumers
UNHEALTHY PREMIUMS
CHOICE says selecting the right health insurance policy can reduce your premium and keep you covered
Read More UNHEALTHY PREMIUMS
Making home insurance fair and simple – Consumer Action welcomes new report findings
Simplifying product statements key to better consumer choices
Read More Making home insurance fair and simple – Consumer Action welcomes new report findings
ASIC keeps up focus on funeral insurance
Insurer agrees to address advertising concerns raised by the corporate watchdog
Read More ASIC keeps up focus on funeral insurance
Time for a health insurance checkup: CHOICE urges consumers to get a good deal
Abbott approves health insurance rises that outpace CPI
Read More Time for a health insurance checkup: CHOICE urges consumers to get a good deal
Poor value: Aussies spend $330 million on Consumer Credit Insurance
APRA figures show Consumer Credit Insurance is good for insurers and bad for consumers
Read More Poor value: Aussies spend $330 million on Consumer Credit Insurance